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Kapuskasing Announces Resignation of Director

Management Changes

KAPUSKASING GOLD CORP.

133 Richmond Street West, Suite 501, Toronto, ON M5H 2L3 Canada TSXV: KAP

Kapuskasing Announces Resignation of Director

May 18, 2018 – Kapuskasing Gold Corp. (TSX-V: KAP) (the “Company” or “KAP”) announces

that Mr. John Kiernan has resigned as a Director. The Company thanks Mr. Kiernan for his service

as a director and wishes him all the best in his future endeavors. The Company has initiated a

search for a new director to replace Mr. Kiernan.

Kapuskasing Gold Corp. contin ues to evaluate its current property portfolio and reviewing other

opportunities as they present themselves.

On behalf of the Board of Directors

Kapuskasing Gold Corp.

Jonathan Armes

President & CEO

Phone 1 (416) 708-0243

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this press release.